Mid Day Bell: Nifty and Sensex Dip as Oil & Gas Sector Leads Losses

1 min read   |   Updated on 09 Apr 2025, 12:01 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Indian stock markets are trading in negative territory at midday on April 9, 2025. The Nifty 50 is down 0.55% at 22,411.50, while the BSE Sensex has fallen 0.52% to 73,844.81. Most sectors are in the red, with Oil & Gas, Healthcare, and Aviation being the top underperformers. The market breadth is bearish, with declining stocks outnumbering advancing ones. Only the Petroleum Products sector shows a marginal gain, bucking the overall negative trend.

5725921

*this image is generated using AI for illustrative purposes only.

Market Overview

As of midday on April 9, 2025, Indian stock markets are trading in negative territory. The Nifty 50 index is currently at 22,411.50, down 124.35 points or 0.55% from its previous close. Similarly, the BSE Sensex stands at 73,844.81, showing a decline of 382.27 points or 0.52%.

Sectoral Performance

The market is experiencing a broad-based selloff, with most sectors trading in the red. Here's a breakdown of the top underperforming sectors:

Sector Average Percentage Change
Oil & Gas -1.76%
Healthcare -1.68%
Aviation -1.64%
Utilities -1.34%
Capital Markets -1.31%

On a positive note, the Petroleum Products sector is bucking the trend, showing a marginal gain with an average percentage change of 0.0284%.

Conclusion

As we reach the midpoint of today's trading session, the Indian stock markets are facing downward pressure. The Oil & Gas sector is leading the decline, while most other sectors are also in negative territory. Investors will be closely watching for any potential recovery in the afternoon session.

Explore Other Articles
Reliance Industries to Announce Q4 Results, Consider Dividend and Fundraising on April 2533 minutes ago
NIIT to Fully Acquire IFBI, Strengthening its Position in BFSI Training18 hours ago
BHEL Reports 19% Revenue Surge and Record Order Inflows in FY 2024-2557 minutes ago
YES Bank Reports 63.3% Surge in Q4 Profit, Asset Quality Improves1 hour ago
Asian Energy Services Expands Global Footprint with $9.25 Million Acquisition of Kuiper Group20 hours ago
IRIS Business Services Secures Role in Qatar Central Bank's Regulatory Tech Project20 hours ago